HIBISCUS PETROLEUM BHD

KLSE (MYR): HIBISCS (5199)

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Last Price

2.28

Today's Change

+0.02 (0.88%)

Day's Change

2.27 - 2.31

Trading Volume

786,100


68 people like this.

105,009 comment(s). Last comment by Sangranghaeyo 2 days ago

ks5S

4,601 posts

Posted by ks5S > 2022-02-24 16:14 | Report Abuse

today closing will be 1.30

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 16:19 | Report Abuse

yes

thats how professionals do it
with multiple screens

Hibby is just a very small part only



BennyWhittman Yes, generally, WTI and Sweet Brent moves in same direction....that's where it ends. As far as the percentage of hike or falls depends on their respective Contracts.

DJ Futures has dropped 700 pts and EU is reportedly to open in deep red.

Crypto has dropped 5%

Only Gold has moved up.
Bonds hardly moved.
24/02/2022 4:12 PM

BennyWhittman

1,215 posts

Posted by BennyWhittman > 2022-02-24 16:25 | Report Abuse

Good talk....hahaha

lloydlim

3,962 posts

Posted by lloydlim > 2022-02-24 16:25 | Report Abuse

Haven't break 3 years high.

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 16:51 | Report Abuse

1.26 is an excellent closing,
most people are in the money

Posted by kokchengkai > 2022-02-24 16:54 | Report Abuse

earn few sens then sell for profit...buy again earn few sens sell again for profit...then at the end stuck at penthouse.
u r playing game earn sioks...ppl playing share investment earn real money.this is the different

Asyraf96

500 posts

Posted by Asyraf96 > 2022-02-24 16:56 | Report Abuse

Btst

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 17:02 | Report Abuse

Moscow Stock Exchange Index is down 45%
Americans just dumped off all. Otherwise US Govt will punish all involved

thats sanctions for you

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 17:17 | Report Abuse

.
Really ?

Long term investors all died in Gloves
TG may just drop to 35 sen based on its real future earnings ability.

Chinese saying " Good Horse dun go eat return grass at old pasture"
Those who went back gloves to eat return grass all died with voiceless screams.

=> Guaranteed profits each and every time and all the time is still the best.


kokchengkai earn few sens then sell for profit...buy again earn few sens sell again for profit...then at the end stuck at penthouse.
u r playing game earn sioks...ppl playing share investment earn real money.this is the different
24/02/2022 4:54 PM

kahhoeng

3,926 posts

Posted by kahhoeng > 2022-02-24 17:24 | Report Abuse

sigh! and i thought we are going to see 1.50...

bigprice

834 posts

Posted by bigprice > 2022-02-24 17:49 | Report Abuse

Oil continue up

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-02-24 17:58 | Report Abuse

watch tvb divine retribution. war not gonna happen.

Posted by DatoChiakaLiau > 2022-02-24 19:49 | Report Abuse

Hibiscus TP2 with oil price $75, PAT RM500mil EPS 0.24, PE10 TP=2.4, huahhh ahhh

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 19:54 | Report Abuse

its purely market sentiment

with war, demand for palm oil will be actually hugely less and not more.
Demand for palm oil should drop by 5% to 10%.
The RM7,000 per MT palm oil does not make sense.
Its pure pumping by sharks

same thing for oil
Russia's allocated OPEC output is 11 million barrels a day but only managed 10 million barrels a day so far

=> Biden did NOT announce oil sanctions on Russian oil until now. [can change anytime]
=> Even if oil is sanctioned ..... This output will be sold purely to China.

so does not affect total oil output and input rite?

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 20:27 | Report Abuse

its happening now

NY is dumping oil,
Hopefully the Oil Cartel will use few Trillion USD to pump it up again.

who will win the dumping and pumping?

pington

6 posts

Posted by pington > 2022-02-24 20:52 | Report Abuse

Biden and Europe will not sanction Russian oil and gas. Sanctioning that will only kill themselves and putting their people to suffer from higher energy prices and inflation. When people are paying more for goods, approval rating for current ministers and presidents fall and they are less likely to win the next election. Putin knows the game well and with energy prices soaring and Europe desperate for more gas from Russia, he knows sanctioning Russia oil and gas would bite Europe and US more than it bites Russia.

ks5S

4,601 posts

Posted by ks5S > 2022-02-24 20:54 | Report Abuse

tomorrow open gap up 1.30

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 21:01 | Report Abuse

Oil Cartel is winning. Oil is up....

derrtan

1,796 posts

Posted by derrtan > 2022-02-24 21:53 | Report Abuse

tomorrow will open at 1.29 and continue rally

Posted by King_Musang > 2022-02-24 22:23 | Report Abuse

Dnex PAT=200Mil/year, EPS = 0.06, with PE=30 like Inari and Vitrox, TP should be RM1.80, now still cheap lah. any pull back is good time to add, until Foxcon news is revealed. then it should stay above 2. Hibiscus PAT easily RM400m/year, and EPS=0.20, PE10 = RM2. Technology higher PE 30-40, and Oil stock now PE10. There you have it, both with TP2. Which one will you chose now? Huat ahhh

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 22:35 | Report Abuse

This beggars the mind
..as with war and sanctions, oil consumption actually drops.
There is no Russian oil sanctions, this is confirmed by recent White House Press Conferences.

so why is oil actually up?
oil traders or oil cartel just taking advantage to pump up?

Posted by warrantKing > 2022-02-24 22:43 | Report Abuse

i3lurker , Russian is one of the major oil producer .
War liao , people dun want to purchase with them / export being affected.
Supply reduced , price mah up lorrr

Posted by warrantKing > 2022-02-24 22:47 | Report Abuse

我们看好大红花石油这项收购资产计划,因为这将让集团的盈利前景脱胎换骨,且有效地将每日平均石油和天然气产量提高三倍,至2万6800桶。此外,集团的2P储量,也将增加72%至8100万桶。

One day 26800 barrel , one barrel earn 20 USD (After tax and etc) , 26800 x 20USD x 4.1 x 90days (1 QR) = RM197mil earning per quarter ???

9 sens EPS ?

Take safety factor 0.7 in calculation , 6.3sens EPS ??

Belum kira GAS price lagi lorrrr

kakiminyak

231 posts

Posted by kakiminyak > 2022-02-24 22:53 | Report Abuse

The pipelines running through Ukraine are at danger of damage due to war. If the pipelines are turned off for safety sake or are ruptured, Europe will suffer huge shortage and that will create incredible demand for energy. We are talking about CRUDE OIL , LNG , COAL. LNG tankers will be in huge demand. Let me know if Bursa has this tankers manufacturers. The order book will balloon.

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-24 23:05 | Report Abuse

oops Americans are winning and oil cartel losing
oil is now at 98.81 ...........a nice number

azee

78 posts

Posted by azee > 2022-02-24 23:10 | Report Abuse

ukraine russia war oil prices up...

bb2ualways

184 posts

Posted by bb2ualways > 2022-02-24 23:24 | Report Abuse

Take your profit in the morning and come back next month. Good luck

faiz

49 posts

Posted by faiz > 2022-02-24 23:36 | Report Abuse

Dont miss the boat...

Germaice

133 posts

Posted by Germaice > 2022-02-24 23:36 | Report Abuse

Dont miss the boat...

ames

24 posts

Posted by ames > 2022-02-24 23:38 | Report Abuse

upward...

irwan

91 posts

Posted by irwan > 2022-02-24 23:43 | Report Abuse

more coming...

kasim

75 posts

Posted by kasim > 2022-02-24 23:49 | Report Abuse

strong momentum

kakiminyak

231 posts

Posted by kakiminyak > 2022-02-24 23:49 | Report Abuse

i3lurker Your price is u.s. oil not Brent.

ismadi

95 posts

Posted by ismadi > 2022-02-25 00:23 | Report Abuse

operator push

yongmin

30 posts

Posted by yongmin > 2022-02-25 01:21 | Report Abuse

heavy volume today

lloydlim

3,962 posts

Posted by lloydlim > 2022-02-25 02:01 | Report Abuse

Another new high to be expected within this few days.

derrtan

1,796 posts

Posted by derrtan > 2022-02-25 04:51 | Report Abuse

Oil price tumble as US new sanction does not include energy sector but indirectly hard to get bank LC to buy from russia..oil price to continue to climb

LALA

5,395 posts

Posted by LALA > 2022-02-25 05:55 | Report Abuse

Kyiv residents defiant even as some flee after Russian invasion
Author: Tan KW | Publish date: Fri, 25 Feb 2022, 12:00 AM

KYIV: A mood of defiance gripped Kyiv on Thursday after Russia invaded Ukraine even though the city echoed at times to the sound of gunfire, sirens and explosions and many people tried to leave the capital in search of safety.

Signs of nervousness grew as planes flew overhead and Ukrainian officials reported that an airport near the capital had been attacked.

Some residents chose to stay, and stood in long lines outside banks and shops hoping to draw money and stock up on supplies. But others packed bags and suitcases and looked for a way out of the city – by bus, car or plane.

Traffic came to a standstill on the four-lane main road to the western city of Lviv, far from the areas most likely to be attacked after President Vladimir Putin ordered the invasion. Cars stretched back for dozens of kilometres.

"I'm going away because a war has started, Putin attacked us," said Oxana, stuck in the traffic jam with her three-year-old daughter on the back seat.

"We're afraid of bombardments."

She said her immediate aim was to get out of Kyiv, a city of about three million. Then she would decide where to go.

OKU_2020

4,811 posts

Posted by OKU_2020 > 2022-02-25 05:56 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-25 07:07 |

Post removed.Why?

rr88

6,532 posts

Posted by rr88 > 2022-02-25 08:06 | Report Abuse

OIL TRADES ARE OVER! Buy on anticipation, sell on news. Now ukraine invasion is the news. Oil price has sold this news usd102 to 95.

Run for your life. No kidding. Cut all queues and dump to buyers 7 secs b4 opening bell.

As oil price returns to realistic usd80++ range in coming days n weeks, hibiscus share price will go even much lower to settle sideways below 1.00. Should you opt to stay you wud lose 30% easy.

BeeNeutral

106 posts

Posted by BeeNeutral > 2022-02-25 08:23 | Report Abuse

Maybank IB's TP of RM1.7 is reasonable and achievable as it needs the oil price only at 75usd.

The recent Q2 EPS 2.42 was based on the oil price of 75usd and some based on 72usd. By using the conservative price of 75usd per Boe in the Q3 n Q4 EPS estimated calculation, they should be (2.42 + 2.42) and the annualised total EPS should be around 7.26 +Q1's 2.07 =9.33. So the non Repsol asset will contribute 2.5M to 2.7M Boe (see the Edge article below) with 9.33 EPS. In addition, the Repsol asset will contribute 2.5M Boe too, therefore another extra 9.33 EPS with the conservative price 75usd per boe too. Thus the estimated annualised total EPS is 9.33 +9.33 =18.66 cents(about 19 cents). Therefore Maybank IB's TP RM1.7 looks very reasonable n conservative and achievable with oil price just needs to be at 75usd Boe. Again If based on the 90usd per Boe the total EPS should be well over 22 cents EPS. So the TP of RM 2.00 is also very much reasonable and possible based on PE of 10
https://www.theedgemarkets.com/article/hibiscus-petroleum-2q-net-profit-jumps-four-folds-higher-crude-oil-prices

Asyraf96

500 posts

Posted by Asyraf96 > 2022-02-25 09:34 | Report Abuse

Buy now hibiscus

Asyraf96

500 posts

Posted by Asyraf96 > 2022-02-25 09:34 | Report Abuse

The price should be rm3

Asyraf96

500 posts

Posted by Asyraf96 > 2022-02-25 09:34 | Report Abuse

With the current oil price

i3lurker

13,824 posts

Posted by i3lurker > 2022-02-25 09:35 | Report Abuse

Hibby is an excellent investment
but short term it is no longer 100% Guaranteed Money in the Bag

Adios !!!!!

Hope all got the Guaranteed Ang Pow

Mdnizam

3 posts

Posted by Mdnizam > 2022-02-25 10:31 | Report Abuse

Brent oil 100 mark

Posted by Lousycounter > 2022-02-25 10:44 | Report Abuse

Top up more

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